A new Takeover Panel consultation proposes to narrow the scope of the companies subject to the Takeover Code (the “Code”). ...more
The FCA have published the next stage of the Primary Markets Effectiveness Review. They propose that companies who wish to list in the UK would no longer have to choose between two different segments (premium and standard)...more
As recommended by Lord Hill, the Government has set out its policy approach to reform the UK prospectus regime. This includes separating the regulation of public offers of securities from the admission of securities to...more
Following on from the FCA’s consultation on the effectiveness of the Primary Market, the FCA has published final rules on, amongst other things, free float and minimum market capitalisation, which come into force on 3...more
12/3/2021
/ Capitalization ,
Consultation ,
Corporate Governance ,
Disclosure Requirements ,
Final Rules ,
Financial Conduct Authority (FCA) ,
Listing Standards ,
Prospectus ,
Share Classes ,
Stock Float ,
Transparency ,
UK ,
Voting Rights
Lord Hill’s review of the Listing Regime along with the Kalifa Review of UK FinTech highlighted specific elements of the listing regime that act as barriers to companies listing. According to the Lord Hill’s review, the...more
The FCA has welcomed Lord Hill’s recommendations from the UK Listings Review, launched by HM Treasury last November.
The review has highlighted that the listing regime is in need of reform and now is the time to act....more
3/4/2021
/ Capital Formation ,
Capital Raising ,
Corporate Governance ,
Dual Class Share Structures ,
Financial Conduct Authority (FCA) ,
HM Treasury ,
Initial Public Offering (IPO) ,
Listing Standards ,
Prospectus ,
Publicly-Traded Companies ,
Retail Investors ,
Special Purpose Acquisition Companies (SPACs)
The FCA has published decision notices fining Cathay International Holdings Ltd, its CEO and Finance Director for breach of the Listing Principles and DTRs. Mark Steward, Executive Director of Enforcement and Market...more